Exercise 9-22 Your answer is incorrect. Try again. The records of Sheffield's Boutique report the following data for the month of April Sales revenue Sales returns Markups Markup cancellations Markdowns Markdown cancellations 2,700 Beginning inventory (at sales price 48,400 Freight on purchases $45,300 88,900 1,800 2,800 31,952 $92,500 Purchases (at cost) 1,800Purchases (at sales price) 10,700Purchase returns (at cost) 1,400 9,700Beginning inventory (at cost) Purchase returns (at sales price) 2,200 Compute the ending inventory by the conventional retail inventory method. (Round ratios for computational purposes to 0 decimal places, e.g. 78% and final answer to 0 decimal places, e.g. 28,987.) Ending inventory using conventional retai inventory method 2496300 LINK TO TEXT